The Faust Family Foundation Inc
The Faust Family Foundation Inc is a private foundation, based in Towson, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $232K in total assets. In 2024, it awarded 4 grants totaling $58K. Net investment income was $8K.
The Faust Family Foundation Inc at a glance
In short: The Faust Family Foundation Inc gave $58K across 4 grants in 2024 (avg $14K), mostly in Maryland. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $57,900
- -0.5% vs 2023
- Grants made (2024)
- 4
- +0.0% vs 2023
- Average grant
- $14,475
- -0.5% vs 2023
- Median grant
- $8,550
- Total assets
- $232,211
- +4.0% vs 2023
- Primary geography
- Maryland (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Faust Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Church of the Nativity ($41K). Together the top 4 received $58K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 19 grants of 19 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
How The Faust Family Foundation Inc gives
- Giving grew 35% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $43K (2021) to $58K (2023). In 2024 it made 4 grants totaling $58K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Church of the Nativity Lutherville, MD | Religious | $40,500 |
| Women's Education Alliance Towson, MD | Religious | $16,100 |
| Marathon Youth Ministry Inc Cockeysville, MD | Religious | $1,000 |
| Archdiocese of Baltimore Baltimore, MD | Religious | $300 |
Ready to take the next step with The Faust Family Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $232,211 | $67,828 | $58,900 | $57,900 | 4 | $57,900 | $7,828 |
| 2023 | $223,283 | $60,310 | $59,203 | $58,203 | 4 | $58,203 | $310 |
| 2022 | $222,176 | $60,023 | $49,650 | $48,650 | 4 | $48,650 | $23 |
| 2021 | $211,803 | $60,018 | $44,650 | $42,900 | 3 | $42,900 | — |
| 2020 | $196,435 | $60,029 | $45,701 | $44,200 | 4 | — | — |
Leadership & Key People
Officers and directors from IRS filings
The Faust Family Foundation Inc is led by Jennie N. Faust, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jennie N. Faust
President
On filings since 2020
0.3 hrs/week
No compensation reported
Daniella Faust
Secretary
On filings since 2020
0.3 hrs/week
No compensation reported
John Faust
Treasurer
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Faust Family Foundation Inc
How much does The Faust Family Foundation Inc give each year?
The Faust Family Foundation Inc gave $58K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $58K across 4 grants.
What is The Faust Family Foundation Inc's typical grant size?
The Faust Family Foundation Inc's median grant in 2024 was $8,550, and its average grant was $14,475, across 4 grants on its 2024 IRS Form 990-PF.
Where does The Faust Family Foundation Inc give grants?
The Faust Family Foundation Inc gives mostly in Maryland: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does The Faust Family Foundation Inc give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on The Faust Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Religious" (4 grants).
How large is The Faust Family Foundation Inc?
The Faust Family Foundation Inc reported $232K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $68K.
What is The Faust Family Foundation Inc's EIN?
The Faust Family Foundation Inc's EIN (Employer Identification Number) is 06-1831421. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Faust Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Maryland
The Dorothy L & Henry a Rosenberg Jr
Baltimore, MD
Assets
$1.1M
Grants
3
Total Given
$53K
The Morgan Family Foundation Inc
Lutherville, MD
The Morgan Family Foundation supports educational organizations, with 2023 grants ranging from $500 to $23,785 and a median of $2,000. It gave 94% of its 2023 grant dollars in Maryland and 6% in New Hampshire; it accepts requests by contact, asking for a program description and proof of 501(c)(3) publicly supported status.
Assets
$17K
Grants
16
Total Given
$54K
Kenney Family Foundation Inc
Baltimore, MD
The Kenney Family Foundation funds organizations working in health research, disaster relief, food access, and community and environmental initiatives, with 2025 grants ranging from $100 to $40,000 and a median of $1,000. Based in Baltimore, it gave most of its 2025 grant dollars to recipients in Maryland and New Mexico, with support also reaching other states. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$2.8M
Grants
69
Total Given
$201K
Thomas I & Peggy a Baldwin Foundation
Gambrills, MD
The Thomas I & Peggy A. Baldwin Foundation supports organizations working in children’s education and well-being, cancer services, child advocacy, scholarships, leadership development, and hospice care, with 2024 grants going mainly to Maryland and also to Georgia and Pennsylvania. Its 10 grants that year ranged from $100 to $13,213, with a median of $5,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$1.1M
Grants
10
Total Given
$52K
Edward St John Foundation Inc
Baltimore, MD
Assets
$105K
Grants
74
Total Given
$326K
Flaherty Family Foundation
Eden Prairie, MN
The Flaherty Family Foundation funds scholarships, tuition, mentoring, college and career readiness, and enrichment for students with financial need at faith-based college-preparatory high schools in Minnesota, Maryland, New Jersey, Virginia, Missouri, and Washington, D.C. Its 2024 grants ranged from $74,756 to $1,070,244, with a median of $101,806. It does not accept unsolicited funding requests; students are identified through partner schools and may be invited to apply.
Assets
$22.9M
Grants
4
Total Given
$1.3M
More similar funders
More Funders in Maryland
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Faust Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Faust Family Foundation Inc down — hundreds of funders to go?